Interpreted Prediction
VanEck predicted Bitcoin ETFs would attract $1 billion in inflows in the first few days/weeks and $40 billion in total inflows.
AI Evaluation Notes
The prediction of $1 billion in Bitcoin ETF inflows in the first few days/weeks after approval was accurate, as Q1 2024 inflows significantly exceeded this amount. However, the prediction of $40 billion in total inflows for 2024 was very inaccurate. By the end of Q1 2024 (March 31, 2024), total inflows were approximately $12.1 billion, which is substantially less than the predicted $40 billion, making the overall prediction largely incorrect.
Prediction Details
Ticker
Target
$1 billion in first few days/weeks, $40 billion total
Predicted
date
First few days/weeks after approval, total inflows for 2024